The Path of Stewardship: Historical Origins and a Reflection on IASB Conceptual Framework Evolution

Autores

  • Manuela Gonçalves Barros Universidade Federal de Mato Grosso
  • César Augusto Tibúrcio Silva Universidade de Brasília (UnB)

DOI:

https://doi.org/10.9771/rcufba.v17i1.57374

Palavras-chave:

Stewardship, Accountability, Decision usefulness, Conceptual Framework, IASB, FASB

Resumo

This study aims to present reflections on the historical and cultural origins of accounting stewardship and its evolution as the objective of financial reporting in the IASB's Conceptual Framework, highlighting the influences of the US and Europe as the result of the most recent Conceptual Framework document. We noted that both the USA and Europe have influenced the current definition of the objective of financial reporting in the IASB's Conceptual Framework and that the resumption of stewardship in the 2018 document without declaring it as a general objective reinforces the power of influence of the USA and the decision usefulness in the Conceptual Framework convergence process. Although the 2018 Conceptual Framework supports the stewardship culture, its highlight as part of the decision utility contemplates the idea of stewardship developed in the USA, resulting from both the increase of the manager’s power and the need to report on the effectiveness of management in generating return on shareholders. The research contributes to the debate on Conceptual Framework by presenting a critical approach to the evolution of stewardship in this and by discussing the origin of the term from the perspective of contributions from the USA and Europe. Understanding the origin and evolution of accounting stewardship is important since the accounting standards should flow from the stated objectives.

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Biografia do Autor

Manuela Gonçalves Barros, Universidade Federal de Mato Grosso

Mestre em Ciências na área de Controladoria e Contabilidade (FEA-RP/2016) pela Universidade de São Paulo (USP) e bacharel em Ciências Contábeis (FACE/2013) pela Universidade Federal de Goiás (UFG). Professora Assistente na Universidade Federal de Mato Grosso (UFMT), na Faculdade de Administração e Ciências Contábeis (FACC), no Departamento de Contabilidade. Doutoranda em Contabilidade no Programa de Pós Graduação em Ciências Contébeis (PPGCont) na Universidade de Brasília (UnB). Atua, principalmente, com docência e pesquisa em Contabilidade Financeira e Finanças Corporativas. 

César Augusto Tibúrcio Silva, Universidade de Brasília (UnB)

Possui graduação em Administração pela Universidade de Brasília (1983) e em contabilidade pela Unieuro (2006). É mestre em Administração pela Universidade de Brasília (1988) e doutor em Controladoria e Contabilidade pela Universidade de São Paulo (1996). Professor titular da Universidade de Brasília, atuando no mestrado e doutorado de Contabilidade (PPGCont). Também atua no programa de Contabilidade da Universidade Federal do Rio Grande do Norte (PPGCC). Foi diretor da Faculdade de Economia, Administração, Contabilidade e Ciência da Informação e Documentação (FACE) da UnB e Decano de Planejamento e Orçamento da Universidade de Brasília entre 2014 e 2016. Possui livros, artigos e trabalhos em congressos nos seguintes temas: mensuração contábil, finanças de empresas, demonstrações contábeis, avaliação de empresas e custos no setor público.

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Publicado

2023-12-06

Como Citar

Gonçalves Barros, M., & Tibúrcio Silva, C. A. (2023). The Path of Stewardship: Historical Origins and a Reflection on IASB Conceptual Framework Evolution. Revista De Contabilidade Da UFBA, 17(1), e2310. https://doi.org/10.9771/rcufba.v17i1.57374

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v. 17 n. 1 (2023): Publicação Contínua

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Copyright (c) 2023 Revista de Contabilidade da UFBA

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